New Delhi, May 31 (PTI) Nickel prices advanced by Rs 5 per kg at the non-ferrous metal market today on heavy buying by stockists following pick-up in demand from consuming industries. Also Read - ONGC shares gain over 2 pc after Q3 results
Traders said, fresh stockists buying in view of pick-up in demand from alloy-makers at domestic spot market mainly led to rise in nickel prices. Also Read - Gold prices up on wedding season buying; silver loses sheen
In the national capital, nickel plate (4×4) rose by Rs 5 to Rs 875-880 per kg. Also Read - Gold gains on jewellers' buying, silver steady
Following are today’s metal rates (in Rs per kg): Zinc ingot Rs 140-146, nickel plate (4×4) Rs 875-880, gun metal scrap Rs 227, bell metal scrap Rs 229, copper mixed scrap Rs 438, chadri deshi Rs 295.
Lead ingot Rs 141, lead imported Rs 148, aluminium ingots Rs 168, aluminium sheet cutting Rs 164, aluminium wire scrap Rs 164 and aluminium utensils scrap Rs 162.
This is published unedited from the PTI feed.